KARACHI: Pakistan Tax Bar Association (PTBA) on Thursday asked Federal Board of Revenue (FBR) to extend the last date up to March 31 for availing audit scheme under Section 214E of Income Tax Ordinance, 2001.
(more…)Author: Hamza Shahnawaz
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Equity market gains on positive expectation of monetary policy
KARACHI: The equity market gained 192 points on Thursday on hopes of positive outcome of monetary policy to be announced shortly.
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Interbank market ends with 35 paisas gain in rupee value
KARACHI – The US dollar experienced a decline of 35 paisas against the Pakistani Rupee in the Interbank Foreign Exchange Market on Thursday.
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APTMA demands release of RPOs before issuance of promissory notes
KARACHI: All Pakistan Textile Mills Association (APTMA) on Thursday demanded the Federal Board of Revenue (FBR) to release all Refund Payment Orders (RPOs) before issuance of proposed promissory notes.
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Rupee makes massive gain against dollar in mid-day trading
KARACHI – The Pakistani Rupee exhibited significant strength in mid-day trading on Thursday, gaining 42 paisas against the US Dollar.
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Rupee makes sharp gain of 22 paisas against dollar
KARACHI: The Pakistani Rupee (PKR) has experienced a sharp strengthening of 22 paisas against the US Dollar in early trade on Thursday.
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Equity market witnesses selling ahead of policy rate announcement
KARACHI: The equity market experienced a day of selling pressure on Wednesday, with the benchmark KSE-100 index closing at 40,607 points, marking a decline of 17 points from the previous day’s close of 40,624 points.
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Interbank market ends with rupee appreciation
KARACHI: The interbank foreign exchange market witnessed a positive shift on Wednesday as the Pakistani Rupee (PKR) gained 7 paisas against the US Dollar.
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FPCCI to move review petition in demolition of illegal constructions
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has announced its decision to file a review petition before the Supreme Court of Pakistan (SCP) concerning the demolition of illegal and unauthorized constructions in Karachi.
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NBP becomes settlement bank for Mobi Direct Payment System
KARACHI: National Bank of Pakistan (NBP) has signed an agreement to become settlement bank for Mobi Direct’s digital payment system.
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